Strategic Management Accounting and Performance Management in Large Manufacturing Firms: A Case Study Analysis

This study examines the function of strategic management accounting (SMA) in major manufacturing companies, analyzing previous research to evaluate the effects of SMA methods on performance management and decision-making. Results show that SMA improves both financial and non-financial outcomes by coordinating everyday operations with long-term strategic goals. By enhancing operational efficiency and influencing important decisions, it plays a vital part in assisting businesses in achieving success. Additionally, SMA promotes efficient resource distribution in businesses. However, some businesses find it difficult to integrate SMA into their current systems, while others encounter difficulties because of a lack of knowledge or training. All things considered, businesses that use SMA frequently observe.